1482 Mason St Green Bay, WI 54303-2234

This exceptional investment opportunity presents a 3,428 square foot, freestanding Wells Fargo bank building situated on a 0.6-acre lot in Green Bay, Wisconsin. The property boasts a 14.5-year remaining lease term (absolute NNN) with a strong credit tenant (S&P A+/Stable) and 10% rent bumps every five years, plus four, five-year lease options. Built in 1976 and renovated in 2023, this single-tenant property offers a 5.50% cap rate and a net operating income (NOI) of $103,000, with an asking price of $1,872,727 ($546.30/sq ft). The property enjoys a prime location at the signalized corner of South Fisk Street and West Mason Street, a major thoroughfare with over 21,000 vehicles per day, providing excellent visibility and accessibility. Its proximity to Lambeau Field and Green Bay Plaza, a large shopping center with national retailers, ensures high traffic and strong consumer synergy. The surrounding area demonstrates exceptional demographics, with over 140,120 people within a 5-mile radius and an average annual household income exceeding $78,987. This presents a compelling investment with attractive rental escalations, zero landlord responsibilities, and significant potential for long-term appreciation. The property's low ground rent contributes to an attractive cost basis, making it an ideal addition to any portfolio.